Are new W-8BENs required?

Answered by:

Question:

Should we obtain new W-8BEN on every nonresident alien customer?

Answer:

No there are alternate ways to gather the FTIN and the date of birth. There are some advantages to getting new W-8BENs with new expiration dates but it is not required.
-----------------------------
Learn more about Deborah Crawford’s webinar Nonresident Aliens Deposit Customers: FTIN, US TIN and Interest Reporting